Glg Intl Mutual Fund Forecast - Simple Exponential Smoothing
| GLVIX Fund | USD 84.09 1.82 2.12% |
The Simple Exponential Smoothing forecasted value of Glg Intl Small on the next trading day is expected to be 84.09 with a mean absolute deviation of 0.72 and the sum of the absolute errors of 43.37. Glg Mutual Fund Forecast is based on your current time horizon.
At this time the relative strength index (rsi) of Glg Intl's share price is below 20 . This usually indicates that the mutual fund is significantly oversold. The fundamental principle of the Relative Strength Index (RSI) is to quantify the velocity at which market participants are driving the price of a financial instrument upwards or downwards. Momentum 0
Sell Peaked
Oversold | Overbought |
Using Glg Intl hype-based prediction, you can estimate the value of Glg Intl Small from the perspective of Glg Intl response to recently generated media hype and the effects of current headlines on its competitors.
The Simple Exponential Smoothing forecasted value of Glg Intl Small on the next trading day is expected to be 84.09 with a mean absolute deviation of 0.72 and the sum of the absolute errors of 43.37. Glg Intl after-hype prediction price | USD 69.24 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as fund price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Glg |
Glg Intl Additional Predictive Modules
Most predictive techniques to examine Glg price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Glg using various technical indicators. When you analyze Glg charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Glg Intl Simple Exponential Smoothing Price Forecast For the 21st of January
Given 90 days horizon, the Simple Exponential Smoothing forecasted value of Glg Intl Small on the next trading day is expected to be 84.09 with a mean absolute deviation of 0.72, mean absolute percentage error of 2.64, and the sum of the absolute errors of 43.37.Please note that although there have been many attempts to predict Glg Mutual Fund prices using its time series forecasting, we generally do not recommend using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Glg Intl's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Glg Intl Mutual Fund Forecast Pattern
| Backtest Glg Intl | Glg Intl Price Prediction | Buy or Sell Advice |
Glg Intl Forecasted Value
In the context of forecasting Glg Intl's Mutual Fund value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Glg Intl's downside and upside margins for the forecasting period are 81.89 and 86.29, respectively. We have considered Glg Intl's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the Simple Exponential Smoothing forecasting method's relative quality and the estimations of the prediction error of Glg Intl mutual fund data series using in forecasting. Note that when a statistical model is used to represent Glg Intl mutual fund, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 117.2449 |
| Bias | Arithmetic mean of the errors | -0.1532 |
| MAD | Mean absolute deviation | 0.7228 |
| MAPE | Mean absolute percentage error | 0.0092 |
| SAE | Sum of the absolute errors | 43.37 |
Predictive Modules for Glg Intl
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Glg Intl Small. Regardless of method or technology, however, to accurately forecast the mutual fund market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the mutual fund market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Other Forecasting Options for Glg Intl
For every potential investor in Glg, whether a beginner or expert, Glg Intl's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Glg Mutual Fund price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Glg. Basic forecasting techniques help filter out the noise by identifying Glg Intl's price trends.Glg Intl Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Glg Intl mutual fund to make a market-neutral strategy. Peer analysis of Glg Intl could also be used in its relative valuation, which is a method of valuing Glg Intl by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Glg Intl Small Technical and Predictive Analytics
The mutual fund market is financially volatile. Despite the volatility, there exist limitless possibilities of gaining profits and building passive income portfolios. With the complexity of Glg Intl's price movements, a comprehensive understanding of forecasting methods that an investor can rely on to make the right move is invaluable. These methods predict trends that assist an investor in predicting the movement of Glg Intl's current price.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Glg Intl Market Strength Events
Market strength indicators help investors to evaluate how Glg Intl mutual fund reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Glg Intl shares will generate the highest return on investment. By undertsting and applying Glg Intl mutual fund market strength indicators, traders can identify Glg Intl Small entry and exit signals to maximize returns.
| Daily Balance Of Power | (9,223,372,036,855) | |||
| Rate Of Daily Change | 0.98 | |||
| Day Median Price | 84.09 | |||
| Day Typical Price | 84.09 | |||
| Price Action Indicator | (0.91) | |||
| Period Momentum Indicator | (1.82) |
Glg Intl Risk Indicators
The analysis of Glg Intl's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Glg Intl's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting glg mutual fund prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 0.9338 | |||
| Semi Deviation | 0.6102 | |||
| Standard Deviation | 2.12 | |||
| Variance | 4.49 | |||
| Downside Variance | 0.8115 | |||
| Semi Variance | 0.3724 | |||
| Expected Short fall | (1.14) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Glg Mutual Fund
Glg Intl financial ratios help investors to determine whether Glg Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Glg with respect to the benefits of owning Glg Intl security.
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